Emission Reduction Certification Requirements:
Yearly production estimate from system contractor or operator, if one was rendered
System Verification by RE Professional,
Independent Third Party (ITP), or ICBE Agent
Buyer side metering qualifies as production verification (PPA needs to be reviewed)
Listing Agreement for ICBE, ClimateSafe, and CarbonExchange

You Receive:
75 – 70% of ERC's generated (Monitored vs.Unmonitored)
Certificate of Registration
Weather-proof decal with your ICBE RE system registration number
10 year group trading privileges for ICBE,
ClimateSafe, and
CarbonExchange
Full reporting of ERC's extended by ICBE to Host Country, UNFCCC, and
other bodies responsible for tracking GHG reductions
Personal representation of ERC's at national and international venues,
in print media, and on the Internet
Our commitment to deliver ERC's with the highest recognition and market value

System Owners may upgrade to a higher level at any time!

About System Output Discounting
System output is one of the key factors in assigning ERC's. Under ideal
circumstances, all systems would be monitored hourly by an ICBE installed
tamper-proof meter, and system production would be compared to hourly emission
rates of the local power pool. This goal may be in reach in the coming years with
new developments in telemetry, expansion of wireless service areas, and
increasing availability of emission data from public and privately held
utilities.

For the moment, though, we work with what is available. This means discounting
yearly production values to minimize the risk of over-crediting a system with
ERC's. Site visits and continual monitoring of participating systems will allow
us to fine tune the applied discount factor to where it most precisely
intersects real production values.

To a buyer, an ERC has to represent the actual emissions avoided. Accuracy is
also of importance in accounting for GHG reductions achieved by RE systems
in National GHG Emission Inventories. Accuracy will allow us to manage
Greenhouse Gases better and express the contribution of Renewable Energy
in reducing emissions with confidence.

We therefore purposely understate yearly production values in Level 1 and
Level 2 accreditation and commit to work our way up as better data becomes
available.

About Group Trading Privileges
Group Trading Privileges means you control the price, the amount, and the time
when ERC's are put up for sale, but there is no direct contact with the buyer.
To accommodate large entities who seek many ERC's across several vintage years,
ERC's from Level 1 and Level 2 systems are pooled
into batches. Meanwhile, we keep track of what happens to ERC's on
ClimateSafe, CarbonExchange, and throughout the ICBE Banking environment.

About Site Visits
We'd like to inspect every participating system every year, but that would be
costly and somewhat impractical. It would also generate a lot of emissions. So
after initial verification, a random number of site visits are performed each
year, enabling us to revalidate system set up, production, availability,
and usage. This approach enables the ICBE to maintain a high level of
inventory control.

Site visit locations are chosen at random. By registering, participating system
owners give the ICBE the right to inspect a system at any time (we do
call before hand !). A visit may be conducted by a local RE Professional, an
Independent Third Party (ITP) under contract with the ICBE, or one of our own staff.

Site visits are an important part of the process and allow us to stand behind
the credits we issue. Site visits increase our ability to accurately compensate
systems with ERC's and enhance buyer confidence in our product.

About Data Collection
Many modern day output monitors have telephone or computer jacks built in,
and can send data over the internet. After you register, you can download
this information directly into your account. We also accommodate data collection
by diskette. If that is not an option, you simply read off the meter and use the
functions of your account to update system performance.

For systems that do not have an output monitor, domestic water heaters for
example, we use a different approach. Likely there are test facility output
data available for the system, or the contractor will have made an output
estimate. These data are used in conjunction with local environmental data to
build an output profile. Our software gathers available temperature, irradiance
and other data and builds a day, week, and month output chart for the system at
its location. This output data is then discounted by a standard factor to
compensate for errors. Once certified, ERC's are credited to the system owner's
on-line account at the end of each calendar or production year.

Data collection is most useful when done regularly, preferably by the hour, as
it allows us to make direct comparisons with hourly emission output data from
local utilities. In situations where fixed or benchmark emission factors may
be applied, hourly readings won't matter. For level 2 accreditation, however,
we need monthly output readings as a minimum.

Data gathering methods will likely change over time to adopt new technologies
and accommodate evolving requirements of UNFCCC and national laws. Also, when
site visits take place, some systems may be equipped with our own
telemetry to calibrate production assumptions as well as the standard discount.